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The Treasury secretary said in an interview that the United States was not trying to “paralyze China’s economy and stop its development.”

Their first in-person presidential meeting, coming after both warned of deepening military, economic and diplomatic rivalry, will show how they address a range of U.S.-China tensions.

The men, who first met as vice presidents, plan to hold face-to-face talks for the first time as national leaders, and at a time when animus defines U.S.-China relations.

Setting a meeting gives the two leaders an opportunity for face-to-face time, but President Biden said he would deliver no “fundamental concessions” over Taiwan.

Huawei has been a persistent target of the United States government since the administration of President Donald J. Trump.